United Nations              
Non-contributory Social Protection Programmes Database
Latin America and the Caribbean
Pensión Básica Solidaria (Basic Solidarity Pension) (2008-)
Chile

 

 

Date: 2008-
Web: Official website of the programme
Description: The Basic Solidarity Pension, which was introduced as a result of social security reform of 2008 together with Solidarity Pension Contribution for old age and disability, is given to the elderly with higher levels of social vulnerability. The beneficiaries are all individuals who are not entitled to a pension under a pension system and meet the requirements set by law. It is also a component of Chile Solidario.
   

Characteristics

Target population: Adults older than 65 years old who do not receive contributory pensions and individuals with physical and mental disabilities aged between 18 and 65. Must meet a minimum of 20 years living in Chile and belong to the first three income quintiles.
Geographic scale: National
Targeting method: 1) Proxy means test
2) Categorical: Requirements for residence (20 years for PBS-Elderly and 5 years for APS - disability), age and disability condition.
Instrument of selection: Social Protection Record (FPS)
   

Institutionality

Legal framework: Law Nº 20,255
Responsible organization(s): Ministry of Labour and Social Welfare
Executing organization(s): Instituto de Previsión Social (IPS, ex-INP) (Social Welfare Institute )
Source of funding: Pensions Fund Reserve; Government of Chile
   

1) Pensión básica solidaria de vejez (Basic Solidarity Pension for the elderly )

Recipient(s): Adults over 65 years of age without pension rights
Mode of transfer: Flat transfer
Mode of delivery: Cash withdrawal
Periodicity of delivery: Monthly
Recipient of the transfer: Direct beneficiary
Comments: This type of pension is only compatible with the pensions granted according to Law No. 8056 (grace), 19,123 and 19,980 (Rettig Law), 19.234 (exempt) and 19 992 (Valech Law), as long as these are below the PBS (in which case the amount of the benefit will be obtained by subtracting the pensions received by the applicant of the above mentioned law of the basic elderly pension).
Amount : From July 1st, 2015: Ch$ 89.764 monthly; see Selected figures

 

2) Pensión básica solidaria de invalidez (Basic Solidarity Pension for the Disabled)

Recipient(s): Adults between 18 and 65 years of age with physical and /or mental disabilities.
Mode of transfer: Flat transfer
Mode of delivery: Cash withdrawal
Periodicity of delivery: Monthly
Recipient of the transfer: Direct beneficiary
Comments: The Basic Solidarity Pension for people with disability is incompatible with any other pension of any other pension system.
Amount : From July 1st, 2015: Ch$ 89.764 monthly; see Selected figures

 

First-round impacts of the 2008 Chilean pension system reform

Author: Behrman, J., Calderon, M., Mitchell, O., Vazquez, J. and Bravo, D.
Date: 2011
Publication info: PARC Working Paper, N° 33, Filadelfia, University of Pensilvania
Link: See Webpage
Topic: Impact Evaluation

 

Money can buy me life: The effect of a basic pension on mortality: A regression discontinuity design

Author: Miglino, E., Navarrete, N., Navarrete, G., and Navarrete, P.
Date: 2018
Publication info: CAF Working Paper No. 2018/12
Link: See Webpage
Topic: Impact evaluation

 

The Effects of Means-tested Noncontributory Pensions on Poverty and Well-being: Evidence from the Chilean Pension Reforms

Author: Italo López García and Andrés Otero
Date: 2017
Publication info: Michigan Retirement Research Center, University of Michigan; WP 2017-358
Link: See Webpage
Topic: Impact Evaluation

 

Monthly Statistical Report

Author: Subsecretary of Social Security
Date: 2016
Publication info:
Link: See Webpage
Topic: Report

 

Annual Report, Fifth Report June 2014 to April 2015

Author: Social Security Advisory Council
Date: 2015
Publication info:
Link: See Webpage
Topic: Report

 

The impact of Chile`s 2008 Pension Reform on Labor force participation, Pension savings, and gender equity

Author: Joubert, C and Todd, P
Date: 2011
Publication info: Working Paper
Link: See Webpage
Topic: Impact Evaluation

 

Formal labor market and pension wealth: Evaluating the 2008 Chilean pension reform

Author: Attanasio, O., Meghir, C. and Otero, A.
Date: 2011
Publication info: Working Paper
Link: See Webpage
Topic: Impact Evaluation

 

"Programs of poverty alleviation Puente and Oportunidades. The actors' point of view"

Author: Arriagada, Irma and Charlotte Mathivet
Date: 2007
Publication info: Social Policy Series (134), Santiago. ECLAC
Link: See Webpage
Topic: Evaluation

 

 

 

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